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5th March 2018

UC - Another four years for Germany’s grand coalition

Angela Merkel has secured herself a fourth term as Germany’s Chancellor after a historic vote on Sunday evening. The vote saw the two largest parties in Germany, the CDU and SPD, voting 66% for another four year term for the grand coalition in Germany. With Europe’s most powerful leader back in control, markets can expect to see a little more stability coming from the European political stage in 2018. This sentiment has European markets set to find a little more stability in the coming months despite the Italian election and US protectionism causing some short term volatility across the European indexes.